TELLURIDE MOUNTAIN VILLAGE OWNERS ASSOCIATION

EIN: 840955189

MOUNTAIN VILLAGE, CO

Total Revenue
$15,975,987
Total Expenses
$9,254,006
Total Assets
$73,742,090
Net Assets
$71,301,251
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CO
Principal Officer
ANTON BENITEZ
Phone
9707281904
Tax Period
2023-01-01 to 2023-12-31

TELLURIDE MOUNTAIN VILLAGE OWNERS ASSOCIATION, founded in 1984, is a mid-sized nonprofit that reported $16.0M in total revenue in fiscal year 2023. The organization ran a surplus of $6.7M, a strong 42% operating margin.

Mission

TO PROMOTE THE HEALTH, SAFETY, AND WELFARE OF ALL MEMBERS OF TELLURIDE MOUNTAIN VILLAGE OWNERS ASSOCIATION (TMVOA) AND THE COMMUNITY; TO ESTABLISH, PROVIDE, AND MAINTAIN A DESIRABLE COMMUNITY AND ENVIRONMENT FOR ALL OWNERS, LESSEES, AND GUESTS; AND TO PROTECT AND PRESERVE THE PROPERTY, PROPERTY VALUES, AND PROPERTY RIGHTS IN THE TELLURIDE MOUNTAIN VILLAGE.

Program Service Accomplishments

Program 1
Expenses: $5,251,091 Revenue: $101,071

TMVOA IS CONTRACTUALLY OBLIGATED TO FUND THE OPERATIONS AND MAINTENANCE COSTS OF THE FREE PUBLIC GONDOLA SERVICE BETWEEN THE TOWN OF MOUNTAIN VILLAGE AND THE TOWN OF TELLURIDE AND THE REMOTE PARKING...

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TMVOA IS CONTRACTUALLY OBLIGATED TO FUND THE OPERATIONS AND MAINTENANCE COSTS OF THE FREE PUBLIC GONDOLA SERVICE BETWEEN THE TOWN OF MOUNTAIN VILLAGE AND THE TOWN OF TELLURIDE AND THE REMOTE PARKING LOT IN THE TOWN OF MOUNTAIN VILLAGE TO THE TOWN OF MOUNTAIN VILLAGE CENTER. ADDITIONALLY, TMVOA IS CONTRACTUALLY OBLIGATED TO FUND ONE-HALF OF THE OPERATIONS AND MAINTENANCE COSTS OF THE FREE PUBLIC CHONDOLA SERVICE BETWEEN THE MEADOWS AND THE TOWN OF MOUNTAIN VILLAGE CENTER. THE PRIMARY PURPOSES OF THE GONDOLA AND CHONDOLA ARE TO PROVIDE FREE PUBLIC TRANSPORTATION LINKS BETWEEN THE TWO TOWNS AND COMMUNITY POPULATION CENTERS.

Program 2
Expenses: $939,323 Revenue: $15,184

TMVOA FUNDS A TRANSPORTATION PROGRAM THAT IS INTENDED TO REDUCE CONGESTION, TRAFFIC, PARKING AND AIR POLLUTION IMPACTS WITHIN THE COMMUNITY.

Program 3
Expenses: $686,737

TMVOA FUNDS PROGRAMS INTENDED TO GENERATE ECONOMIC ACTIVITY, VITALITY AND SUSTAINABILITY WITHIN THE TELLURIDE MOUNTAIN VILLAGE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,500
Program Service Revenue $13,426,420
Investment Income $2,446,393
Other Revenue $100,674
TOTAL REVENUE $15,975,987

Expense Breakdown

Grants Paid $393,319
Salaries & Benefits $602,655
Fundraising Expenses $0
Program Expenses $7,424,717
Other Expenses $8,258,032
TOTAL EXPENSES $9,254,006

Year-over-Year Comparison

2023 2022 Change
Revenue $15,975,987 $15,557,307 +0.0%
Expenses $9,254,006 $8,144,957 +0.1%
Net Income $6,721,981 $7,412,350 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
3
Employees
3
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$259,601
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD HORNING CHAIRMAN 3.00
Officer Director
$0 $0 $0
JIM ROYER VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
JEFF PROTEAU DIRECTOR 3.00
Director
$0 $0 $0
TIM KUNDA DIRECTOR 3.00
Director
$0 $0 $0
JOHN VOLPONI DIRECTOR 3.00
Director
$0 $0 $0
TOM RICHARDS DIRECTOR 3.00
Director
$0 $0 $0
DUNCAN HOGARTH DIRECTOR 3.00
Director
$0 $0 $0
ANTON BENITEZ PRESIDENT AND CEO 40.00
Officer
$170,500 $89,101 $259,601
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $15,975,987 $9,254,006 $73,742,090 $6,721,981
2022 $15,557,307 $8,144,957 $63,866,459 $7,412,350
2021 $18,777,626 $5,330,939 $58,036,746 $13,446,687
2020 $15,219,205 $5,746,769 $44,378,012 $9,472,436
2019 $9,363,344 $7,481,570 $36,515,084 $1,881,774
2018 $7,129,648 $7,352,576 $32,924,630 $-222,928
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